Bharatiya Mahila Bank
26 Dec 2018
Nearly 10 lakh bank employees went on a strike on Wednesday, December 26, and it is sure to hit offline services like withdrawing, depositing cash, clearance of cheques and issuance of demand drafts.
04 Jun 2018
The government is mulling a major merger of at least four state-run banks - Bank of Baroda, IDBI Bank Ltd, Central Bank of India and Oriental Bank of Commerce - to give a boost to India's struggling banking sector, HT reports.
27 Dec 2017
The chequebooks of six banks formerly associated to SBI will become invalid on December 31. The earlier deadline was September 30, which was extended.
24 Aug 2017
Taking another step towards consolidation of public sector banks (PSBs), the Union Cabinet approved an "Alternative Mechanism" for constituting an inter-ministerial panel for overseeing the mergers of 21 state-run banks.
10 Jun 2017
Reports say that the Finance Ministry is now planning to replicate the success it has made with SBI's merger with its five associate banks and Bharatiya Mahila Bank.
04 Apr 2017
On Monday, State Bank of India (SBI), which is flushed with liquidity, reduced its base rate by 15 basis points from 9.25% to 9.10% with effect from April 1, 2017.